CONTRACTAPPROVED

New Jersey Housing and Mortgage Finance Agency Awards Financial Services Contract to Prc Paulsboro Developer LLC (May 2026)

New Jersey Housing and Mortgage Finance Agency logoNew Jersey Housing and Mortgage Finance Agency
Disclosed value
$26,340,000 (estimated)
From minutes
Approved
May 4, 2026

The 30-second brief

What it covers

The NJHMFA approved an estimated $26.34 million mortgage loan commitment through its Conduit Bond Financing Program for PRC Paulsboro Developer LLC’s Paulsboro Gardens Apartments project. The permanent financing commitment is subject to program terms and conditions outlined in the RFA.

Who holds it

Prc Paulsboro Developer LLC holds this financial services contract with New Jersey Housing and Mortgage Finance Agency.

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Contract details

Contract type
Financial Services
Amount
$26,340,000 (estimated)
Document date
May 4, 2026
Source document
New Jersey Housing and Mortgage Finance Agency Minutes 535th Board Meeting 2026-05-04 (Minutes)

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Questions about this contract

Who was awarded the financial services contract by New Jersey Housing and Mortgage Finance Agency?

Prc Paulsboro Developer LLC was awarded this financial services contract by New Jersey Housing and Mortgage Finance Agency, as recorded on May 4, 2026. The contract value is $26,340,000 (estimated).

How much is the Prc Paulsboro Developer LLC contract with New Jersey Housing and Mortgage Finance Agency worth?

The Prc Paulsboro Developer LLC contract with New Jersey Housing and Mortgage Finance Agency is valued at $26,340,000 (estimated), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in New Jersey Housing and Mortgage Finance Agency Minutes 535th Board Meeting 2026-05-04 (Minutes), dated May 4, 2026 from New Jersey Housing and Mortgage Finance Agency. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Prc Paulsboro Developer LLC hold?

Prc Paulsboro Developer LLC may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is New Jersey Housing and Mortgage Finance Agency currently buying?

Explore New Jersey Housing and Mortgage Finance Agency's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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